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Historical Government Fiscal Data (IMF)
Government & Civic Records
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About
Provides crucial historical data concerning Government Finance Statistics (GFS) and the ratio of Public Debt to Gross Domestic Product (GDP). The fiscal data adheres to the framework outlined in the Government Finance Statistics Manual (GFSM) 2014, covering expenditures and revenues for the general government sector and its various subsectors, such as central, state, and local governments, alongside social security funds. The Debt-to-GDP component allows for macroeconomic analysis and forecasting of public financial performance.
Columns
The dataset includes essential identifiers and time series fields, typically found in a CSV file:
- Country Name: The name of the reporting country (191 unique values).
- Country Code: A unique code assigned to each country.
- Indicator Name: Defines the statistic being measured (e.g., Debt-To-GDP).
- Indicator Code: A unique identifier for the indicator (e.g., GGXWDG_GDP).
- Attribute: Denotes the type of value represented (e.g., Value).
- Year Columns (e.g., 1800 onwards): Columns representing specific years, where the recorded figure represents the value in Percent to GDP for that period. Note that early years (e.g., 1800-1804) exhibit a high percentage of missing values (approximately 98%).
Distribution
The data is typically distributed in a structured data file format, often CSV. One referenced file, "Historical Public Debt Database.csv," is approximately 199.77 kB in size and contains 10 of 221 columns, with 191 distinct records (rows) corresponding to the number of countries covered. Values are measured in Percent to GDP. Specific total row counts for all combined data may vary, but the debt database covers 191 records.
Usage
This resource is ideal for various applications:
- Exploring country-level financial statistics and comparative analysis of government spending.
- Conducting Time Series Analysis and forecasting future debt levels or financial indicators.
- Executing Exploratory Data Analysis to identify macro trends in fiscal responsibility.
- Combining the Debt-to-GDP data with other macroeconomic variables to predict future debt ratios.
Coverage
The data provides worldwide geographic scope, covering all reporting countries under the IMF’s Government Finance Statistics framework. The Historical Public Debt Database specifically includes ratios for 187 countries. The time range is extensive, beginning as early as 1800, although data availability is sparse for the earliest years, with only a few valid entries per year before modern record-keeping practices.
License
CC0: Public Domain
Who Can Use It
- Economists and Financial Analysts: For tracking public debt and evaluating governmental financial health.
- Academic Researchers: Utilising long-term historical data for econometric modelling and time series studies.
- Policy Makers: Informing decisions related to government expenditure, revenue generation, and debt management.
- Students: Learning about global fiscal statistics and applying concepts from the Government Finance Statistics Manual.
Dataset Name Suggestions
- IMF Historical Debt and Finance Ratios
- Global Public Sector Finance History
- Debt-to-GDP International Time Series
- Historical Government Fiscal Data (IMF)
Attributes
Original Data Source: Historical Government Fiscal Data (IMF)
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